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NSSA prepares offer to NicozDiamond minorities

By Staff Reporter NSSA board chairperson Robin Vela THE National Social Security Authority (NSSA) is proceeding with plans to buy out minorities in Zimbabwe’s largest short term insurer, NicozDiamond, in which it last year increased its shareholding to 44.9 percent, the Financial Gazette’s Companies & Markets (C&M) can report. NSSA raised …

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White famers condemn Grace evictions

DISPOSSESSED white farmers will not celebrate the fate of black land grab beneficiaries who are currently being hounded out of their allocated properties by politicians, the Commercial Farmers Union (CFU) has said. Spokesperson Olivier Hendricks said the CFU is condemning the eviction of villagers from Arnold Farm in Mazowe by …

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Benefits of investing in property in Zimbabwe

Over the long-term, very few investment vehicles have the same benefits as property when it comes to building a base for personal wealth, says Adrian Goslett, CEO of RE/MAX of Southern Africa. “Many savvy property buyers who have adhered to the golden rules of property investment have been able to …

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How to Invest in Property in Zimbabwe

Here’s what you need to consider when selecting an investment property. Make a business decision You must make a business decision about the property you select, not an emotional one. You don’t have to like the property – as long as it is perfect for your target market. Don’t overcapitalise …

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Steps to Buying a House in Zimbabwe

Step 1: The conveyancer prepares the draft sale of agreement as well as declarations for signing by buyer and seller Completion Time Frame: 1-3 days Completion Costs: 2%-4% property value (Conveyancer’s fees + VAT and Sundries) Points to Note: Upon payment of transfer fees to the conveyancer, he will draft a proposal …

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How to buy a Property in Zimbabwe

For most people, buying a house will probably be the largest single investment they will make in their life time. Ordinarily, this should be an exciting and fulfilling exercise, however it can also be very tiring and if mishandled can be the largest single mistake that they will make in …

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